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Hubei Kangnong Seed Co (BJSE:837403) Pretax Margin % : 35.43% (As of Sep. 2024)


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What is Hubei Kangnong Seed Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hubei Kangnong Seed Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥1.7 Mil. Hubei Kangnong Seed Co's Revenue for the three months ended in Sep. 2024 was ¥4.7 Mil. Therefore, Hubei Kangnong Seed Co's pretax margin for the quarter that ended in Sep. 2024 was 35.43%.

The historical rank and industry rank for Hubei Kangnong Seed Co's Pretax Margin % or its related term are showing as below:

BJSE:837403' s Pretax Margin % Range Over the Past 10 Years
Min: 15.8   Med: 27.25   Max: 35.11
Current: 20.34


BJSE:837403's Pretax Margin % is ranked better than
90.83% of 1886 companies
in the Consumer Packaged Goods industry
Industry Median: 4.82 vs BJSE:837403: 20.34

Hubei Kangnong Seed Co Pretax Margin % Historical Data

The historical data trend for Hubei Kangnong Seed Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hubei Kangnong Seed Co Pretax Margin % Chart

Hubei Kangnong Seed Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.35 35.11 29.36 20.89 18.79

Hubei Kangnong Seed Co Quarterly Data
Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.03 20.07 33.55 -15.53 35.43

Competitive Comparison of Hubei Kangnong Seed Co's Pretax Margin %

For the Farm Products subindustry, Hubei Kangnong Seed Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hubei Kangnong Seed Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's Pretax Margin % falls into.


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Hubei Kangnong Seed Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Hubei Kangnong Seed Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=54.157/288.24
=18.79 %

Hubei Kangnong Seed Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1.681/4.744
=35.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hubei Kangnong Seed Co  (BJSE:837403) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Hubei Kangnong Seed Co Pretax Margin % Related Terms

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Hubei Kangnong Seed Co Business Description

Traded in Other Exchanges
N/A
Address
No. 553, Changyang Avenue, Changyang Economic Development Zone, Hubei Province, Yichang, CHN, 443501
Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.

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